Optimisation of Production Under Uncertainty The State-Contingent Approach /

• Main Author: Rasmussen, Svend (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2011.
• Series: SpringerBriefs in Economics,
• Subjects: Production management.; Economic theory.; Microeconomics.; Economics.; Operations Management.; Economic Theory/Quantitative Economics/Mathematical Methods.

The book provides a short review of the classical approach to planning and decision making under uncertainty. It further explains the concept of state-contingent goods, and it extends earlier work on the state-contingent approach to describing production under uncertainty to the problems involved in...